Anhui Construction Engineering Group Bolivian Branch Co., Ltd. - ACEG’s executive entity in the Republic of Bolivia, won a road expansion bid coded 195 and 191 in the Province of Cochabamba, recently, the project is located in Chimori City, Bolivia, 45.25 kilometers long altogether with a total contract value of 369.6 Million units of local currency, or equivalent to about RMB 355 Million Yuan, which is financed by the owner.
The project is divided into two contract packages with lengths of 35.75 km and 9.5 km respectively. The contracting period is 1460 days for the former and 1000 days for the latter.
This project marks the first for ACEG in Bolivian market.